Comparison · NSE · data 2026-11-03
Ravindra Energy Ltd. vs Waaree Renewable Technologies Ltd
In plain words
Size: Waaree Renewable Technologies Ltd is about 2.7 times the market value of Ravindra Energy Ltd..
Valuation (P/E): Ravindra Energy Ltd. 31.3 vs Waaree Renewable Technologies Ltd 15.8.
Return on equity: Waaree Renewable Technologies Ltd 68.9% vs Ravindra Energy Ltd. 19%.
Profit growth over 3 years: Waaree Renewable Technologies Ltd 105.2% a year vs Ravindra Energy Ltd. 66.2% a year.
Debt to equity: Ravindra Energy Ltd. 1.35 vs Waaree Renewable Technologies Ltd 0.16.
Differences in the numbers, not a recommendation of either stock.
Side by side
| RELTD | WAAREERTL | |
|---|---|---|
| Price | ₹138.83 | ₹704.05 |
| Market cap | ₹2,678 cr | ₹7,252 cr |
| P/E | 31.3 | 15.8 |
| P/B | 6.2 | 6.6 |
| ROE | 19.0% | 68.9% |
| ROCE | 11.8% | 82.0% |
| Debt / equity | 1.35 | 0.16 |
| Operating margin | 19.0% | 16.8% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 30.6% | 111.7% |
| Profit growth, 3 years (yearly) | 66.2% | 105.2% |
| 1-year return | -11.4% | -44.1% |
| Revenue, last 12 months | ₹543 cr | ₹3,936 cr |
| Net profit, last 12 months | ₹81 cr | ₹466 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹2 cr | ₹74 cr |
| Quarter profit vs a year earlier | -92.8% | -36.5% |
| Promoter holding | 58.26% | 74.30% |
| Health check | Average (5.7/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Ravindra Energy Ltd. or Waaree Renewable Technologies Ltd?
Ravindra Energy Ltd. trades at the higher P/E (31.3 against 15.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Waaree Renewable Technologies Ltd (68.9% against 19.0%).
Which carries more debt?
Ravindra Energy Ltd. has the higher debt-to-equity ratio (1.35 against 0.16).